3 Men Cleared In Mortgage Fraud After Mansion Arson Fire

No One Ever Charged In Arson Blaze

Three men tied to a Greenwood Village mansion destroyed in a spectacular arson fire have been cleared by prosecutors of charges that they conspired to defraud banks backing multimillion-dollar mortgages on the home.

Prosecutors' move to drop the remaining conspiracy charges comes two months after a judge dismissed related felony bank-fraud charges against the men, according to The Denver Post.

The judge has to approve the motions, but that's considered a formality when prosecutors make the request.

Prosecutors have closed the financial fraud case against the men, Spencer confirmed.

The three men came under suspicion after a suspicious fire that lit up predawn skies, gutted the 15,000-square foot, six-bedroom, nine-bathroom estate at 5301 S. University Blvd. in November 2008.

Mewbourn was one of two men contractors who originally built the never-lived-in mansion.

Witt helped finance its construction and its subsequent sale through his lending firm, Commercial Capital Inc., which is in federal bankruptcy court, The Post reported.

While no one was ever charged in the fire, insurance companies have refused to pay off on what investigators say is a clear case of arson. Instead the case has been mired in civil lawsuits, The Post said.